Tuesday, 7 July 2015
Last updated 1 min ago
Feb 3 2011 | 1:24pm ET
Tennessee-based hedge fund Courage Capital Management has launch a short-biased hedge fund, following its launch last year of a long/short strategy.
The distressed specialist, which has $600 million in assets under management, launched its Short Opportunity Fund last month. The new vehicle is managed by Brad Weeks and James Hughes, who joined Courage last year from Ergates Capital Management.
Weeks and Hughes are also at the helm of the Long/Short Opportunity Fund, which debuted in November. The two U.S. stock funds currently manage $25 million in advance of their opening to worldwide investors during this quarter, HFMWeek reports.
Last year, Courage launched its Credit Opportunities Fund.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…